Legacy Gifts

Want to be remembered?
Where there’s a will, there’s a way.

You can make a gift today that will support our mission far into the future.

A bequest is a gift through your will or trust. It’s simple to make, costs you nothing during your lifetime, and has flexibility so you can plan it to meet your personal objectives. For example, you can leave a certain dollar amount or a property. Or you can designate a percentage of what remains in your estate after your debts are paid and your heirs are cared for. (See the sample bequest language on the third panel.)

You can direct your gift to meet our greatest needs or to support a specific program that’s meaningful to you. You can also use a bequest to make a tribute gift that honors someone special.

Benefits

• Your assets remain in your control during your lifetime.
• You can modify your gift to address changing circumstances.
• Gifts to the Foundation are not subject to estate tax.

How it works

• Include a bequest to Sons of Norway Foundation in your will or trust.
• Make your bequest unrestricted or direct it to a specific purpose.
• Indicate a specific amount or a percentage of the balance remaining in your estate or trust.

Sample Bequest Language

Residual Gift Language
A residual bequest comes to us after your estate expenses and specific bequests are paid:

I give and devise to Sons of Norway Foundation (Tax ID #41-6054126), located in Minneapolis, MN, all (or state a percentage) of the rest, residue, and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).

Specific Gift Language
Naming Sons of Norway Foundation as a beneficiary of a specific amount from your estate is easy:

I give and devise to Sons of Norway Foundation (Foundation (Tax ID #41-6054126), located in Minneapolis, MN, the sum of $_______ (or asset) to be used for its general support (or for the support of a specific fund or program).

Contingent Gift Language
Sons of Norway Foundation or its affiliates can be names as a contingent beneficiary in your will or personal trust if one of more of your specific bequests cannot be fulfilled:

If (insert name) is not living at the time of my demise, I give and devise to Sons of Norway Foundation (Foundation (Tax ID #41-6054126), located in Minneapolis, MN, the sum of $_______ (or all or a percentage of the residue of my estate) to be used for its general support (or for the support of a specific fund or program).

A bequest could be right for you if:

• Long-term planning is more important to you thank an immediate income tax deduction.
• You want flexibility of a gift commitment that doesn’t affect your current cash flow.
• You want us to continue what we are doing today for generations to come.

Interested?

Please contact your Financial Advisor to help you plan a bequest that will be satisfying, economical and effective in carrying out your wishes. If you do not have a Financial Advisor, Sons of Norway Foundation may be able to assist you with a referral.

The information on this website is not intended as legal or tax advice. For information on how any gift may affect your tax situation, please consult an attorney or tax advisor.